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Hunter Associates boosted Amazon shares by 7.3%, while insiders sold $9.32 million worth.
Hunter Associates increased its Amazon holdings by 7.3%, owning 10,996 shares after adding 745 shares.
Institutional investors own 72.20% of Amazon's stock.
CEO Douglas J. Herrington and other insiders have sold shares, totaling 40,852 shares worth $9.32 million.
Analysts have given Amazon a "Moderate Buy" rating with a target price of $260.74.
Amazon reported $1.86 earnings per share for the recent quarter, exceeding expectations by $0.34.
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Hunter Associates aumentó las acciones de Amazon en un 7,3%, mientras que los internautas vendieron $9.32 millones por valor.